It's very simple, we'll explain it to you in a few words: It is an agreement adopted between Portugal and the Commission, which brings together the performance of the five European Structural and Investment Funds:

• European Regional Development Fund
• Cohesion Fund
• European Social Fund
• European Agricultural Fund for Rural Development
• European Maritime Transport Fund Business and Fisheries

These funds define the principles of the economic, social and territorial development policy to be promoted in Portugal between 2014 and 2020.

The objective

Smart, sustainable and inclusive growth

The funding provided by Portugal 2020 is expected to contribute to strengthening Portugal's competitiveness in global markets. Eddiol, a Portuguese SME, was among the innovative projects selected by Portugal 2020 to benefit from sustainable and inclusive growth.

So, Eddiol is part of the category Competitiveness and internationalization, one of Portugal's 4 major priorities.

These 4 themes are as follows:

• Competitiveness and internationalization
• Social inclusion and employment
• Human Capital
• Sustainability and efficiency in the use of resources

In this framework, Portugal receives 25 billion euros during this period. These funds will be allocated within the framework of each of the 16 operational, thematic and regional programmes.

Portugal 2020, with this help, accompanies us in the Eddiol-Specialdimension Internationalization project.

Thanks to this project and the investments made, the objective is to achieve an export rate of 83% of turnover by the end of 2022.

You understand as we do, the deadline is fast approaching. We are grateful to have been able to benefit from this support during these two years, which has allowed us to move forward in our projects and the development of our products.

Eddiol also had the opportunity to participate in renowned food fairs in Chicago and Dubai, events that allowed us to meet new customers, discuss current innovations and our wonderful sector, industrial snacking.

Today, Eddiol is present in several countries around the world, from England to the United Arab Emirates and even Canada.